This property comprises a ground floor strata unit of 192sqm, which is leased to a restaurant/cafe on a favourable seven year term (expiring May 2030) plus a five year option. Property features include:- 192sqm- Net income - $75,339 per annum- Annual CPI increases- Seven year lease expiring May 2030 plus five year option- Affluent suburb with high discretionary spending- Numerous residential developments all aroundThe property is located on the eastern side of Broadway, within the boutique locality of Crawley, bounded by prestigious Nedlands and Dalkeith. Crawley is situated approximately 6 kilometres south west of the Perth CBD. Specifically, the property is in close proximity to UWA, the Swan River and Perth's major medical precinct. Surrounding development includes commercial, offices and retail including neighbourhood shopping facilities and Steves Bar & Cafe.Crawley's vibrant community neighbourhood comes from both the residents and students of the UWA, which is a short walking distance from the property. ImprovementEmail enquiries to reception@bpga.com.au
The size of Crawley is approximately 1.4 square kilometres. It has 4 parks covering nearly 21.9% of total area. The population of Crawley in 2016 was 4095 people. By 2021 the population was 3975 showing a population decline of 2.9% in the area during that time. The predominant age group in Crawley is 20-29 years. Households in Crawley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Crawley work in a professional occupation.In 2021, 34.90% of the homes in Crawley were owner-occupied compared with 32.90% in 2016.
Crawley has 1,569 properties. Over the last 5 years, Houses in Crawley have seen a 44.49% increase in median value, while Units have seen a 123.54% increase. As at 31 March 2026:
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